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Bitcoin Herald | Block №800228

This week we’ve seen the true beauty of numbers appear right in front of our eyes… block 800008

Hot Off the Press:

🥸 Faketoshi Strikes Back
🎰 #Bitcoin Isn’t Gambling!
🇰🇼 Kuwait Gives Bitcoin the Boot
🛂 US Big Brother Tightens his Grip
👁️ Trading Eyeballs for Equality?
✍️ BitGo Integrates MuSig2
👨‍💻 @PlebLab Introduced a New Nostr Dev Course
🫧 Soapbox Bags OpenSats Grant for Ditto
🐦 Wanna Chat? Pay!
🤖 #Nostr + AI = 💜
📺 Watching, 🎧 Lustening and 📚 Reading tips
🐸 #Meme collection by @Wakeup⚡️💜

Link to the #digest: https://habla.news/herald/block-800k

#herald #news
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Bitcoin Herald profile picture
Frostsnap

Frostsnap is a new project that aims to redesign the tools people and organizations use to secure their Bitcoin. The project is based on the idea that each person is unique in terms of what they know, the devices they own, the places they have access to, and the people they trust. Therefore, the way individuals secure their Bitcoin should reflect this uniqueness.

The current standard setup for most users is a single hardware wallet with a pin number and a physical backup of the seed words. However, Frostsnap believes that more powerful access policies, such as multisignature (multisig), should be more accessible to users. Multisig wallets are protected by multiple keys, requiring a certain number of signatures to spend the funds.

Frostsnap is leveraging breakthroughs in cryptography, such as FROST (Flexible Round-Optimized Schnorr Threshold) and Bitcoin's taproot upgrade, to rethink how people approach their security. The goal is to make multisig easy for everyone, from individuals and families to large companies.
Key features of Frostsnap include:
• Configurable Security Policies: Users can define and adapt their access policies to suit their needs. They can change devices belonging to their multisig without having to make any on-chain transactions.
• Defending Privacy: Frostsnap transactions are indistinguishable from other transactions, helping to maintain user privacy.
• Comfy Backups: The only requirement for users is to keep a threshold number of devices or their simple backups. If a device is lost, it can be replaced without any on-chain transactions or the need to create a new wallet.
• Lower Fees: Regardless of the threshold or number of devices used to secure Bitcoin, the transaction fees using Frostsnap will be the same.
• Cryptography Empowering Individuals: Users can use the same workflow they use to sign Bitcoin transactions to sign other things such as Nostr.
• Organizational Control: Organizations can distribute the responsibility of custody among company operators, leaving no single point of failure.

Frostsnap is currently being distilled into user-friendly Frostsnap signing devices, and development is well underway. The team behind Frostsnap includes Nick Farrow (CEO & Engineer), Adam Mashrique (Hardware Lead & Engineer), and Lloyd Fournier (Architect & Cryptographer).

For more detailed information, please visit the original article: https://frostsnap.com/introducing-frostsnap.html
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Bitcoin Herald profile picture
Bitcoin Herald | Block #799290

Hey bitcoiner!

Last week, 13 years ago Bitcoin was first mentioned on Slashdot, which led to a major influx of new users.

Hot Off the Press:

🚀 Bitcoin ETF Gets the Green Light for Applications from SEC
⚡️ Binance Brings Lightning Network Onboard
👁️ Big Brother Alert in Brazil
🤑 Funding Bitcoin Projects
🇪🇺 Europe Gears Up for Its First Spot Bitcoin ETF This Month
💖 A Bitcoin Tale That Will Melt Your Heart
🎬 Spotlight on Nostr: The Documentary
⚡️ Matching Zaps
🤐 EU's Crackdown on Free Speech?
👨‍💻 Fresh Releases

Link to the #digest: https://habla.news/herald/block-799290

#herald #news
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Tatum Turn Up · 141w
What if I told you… https://fountain.fm/show/kGMc6nIUK6dg0KLKphDj https://nostr.build/i/f705b4461877f618349cf7add838b22060fc9dc0e00c7fd61e5dcf546161e9aa.jpg
nostr.build · 141w
I think cheap ASICS and the use of renewable/excess/cheaper energy is what’s driving the higher EH/s hash rates, FTW!